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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Hubert Few who wrote (25539)8/25/1998 6:22:00 AM
From: helkel  Read Replies (1) | Respond to of 36349
 
I agree with spaw, in that we are in a classic TA downtrend, we have lower lows, lower highs and a bottom nowhere in sight. At least we will not go below $3 due to pairs cash position :-) thats all i can predict wrt catching the falling knife
without a buyout or some substantial news (upgrade/contract) we will continue to waste away
hk



To: Hubert Few who wrote (25539)8/25/1998 11:06:00 AM
From: Spaw  Read Replies (2) | Respond to of 36349
 
HF:
Stock is currently selling off with vigor.
11 7/8 x 12. Waaaaaay more down tics than up.
I'd rather be short than long this thing.
I'm long the January 12 1/2 calls, which have slipped only slightly today.
The selling is not over here. Truly. The stock will see 10 before it sees 15. Sorry to say, but as a trader that's the way I see it.
Some rumor needs to start soon for long holders to smile.

--spaw--


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